Welcome to the page that discusses Put Options

I want to start this blog by telling you that I have no 1-800 number, I am not trying to sell you any newsletter with the next great stock idea. I am not inviting you to come to my house and view a cleaning agent. I will not try to sell you plastic bowls or any other ‘can’t miss’ ideas. I do not have any life changing secrets and I cannot promise you a flat stomach.



I am going to share with you my daily option moves and the reasons behind them. My way of trading options are of course not the only way to utilize Put Options. This is a way that I have found to be simple and easy and not as complicated as some make this business. My hope is that you can develop a steady stream of income and continue to enjoy your life.











Thursday, October 14, 2010

closing positions

As you can see I had 9 of the NFLX 145's
I had sold for $285. Today with NFLX failing some I closed for -237 So I netted $+48. Not much and I could probably stay with the position but the extra 237 is not worth me worrying about. The lesson is, when things get your attention  (NFLX FALLING) give it your attention. It is a tough week coming up with earnings be reported in most of the stocks I have been using lately. It will take some work this weekend to find good positions.
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